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england this morning. the winter storm moved ashore in the same location where superstorm sandy hit last week. there are new power outages in the region and up to 8" of snow in some of the places just what they didn't need. and it's interrupting recovery efforts, as well. teresa garcia has more from rockaway beach, new york. talk about piling on, right? >> reporter: yes, and frank, a good cold morning to you. just when people here thought they would be getting a break after superstorm sandy, in came the first nor'easter. people were along the shoreline communities pretty concerned that this was going to cause more flooding because we already have the ground so saturated. but indeed it turned into a snow or wind-driven snowstorm more so and actually caused some record snowfalls there. in central park in new york city, four inches. in new jersey, connecticut, up to a foot. here in rockaway beach they had at least 4." and all this snow is causing the clean-up efforts to be that much more difficult. >> high winds and heavy snow whipped the boardwalk in rockaway beach in queens, new york. tha
. >>> latest on superstorm sandy. residents along the east coast beginning the long road to recovery with key transportation resuming today. katie marzullo is in the newsroom with the latest. >> reporter: new york city is coming back to life it might be easier for some to get around starting today. first laguardia airport has reopened as of this morning flights limited call your airline if you are flying this morning. subways and ferries resuming limited service. buses will try to fill in gaps. governor cuomo is waiving fees and fares today and tomorrow to help people get around. for anyone who dares to drive, police are manning checkpoints and enforcing a three-person carpool requirement to get into manhattan. they are looking at new jersey now, slower recovery there from the storm which has killed more than 70 people and left millions without power. natural gas fires still burning in new jersey and people are still stranded in hoboken. >> compared to the last storm this is far worst and it is going to take quite sometime to get this back together again. >> reporter: new york's bellevue hosp
. >> the smell of fear following sandy's sea of destruction. a new threat of fire an explosions. >> hi-def doppler picking up the rainfall showing up around th bay area. more coming up. >> and here's all the slick surfaces out the door had morning. it's wet across the golden gate. we'll have much more "timesaver traffic" coming up. >>> good morning, everyone. it's thursday, november 1. i'm michelle griego. >> hi, everybody. i'm frank mallicoat. 5:00 on the nose right now. >>> of course, we're keeping an eye on the storm this morning as liz mentioned, it's wet out there. the rain playing lots of tricks on halloween following in some areas and holding off just long enough in some other neighborhoods. you're looking at video from millbrae from last night. >> lawrence, you were in millbrae last night. >> i was. we go over there every year. usually the streets are just packed all the kids having a great time. last night, very few kids and ponchos. probably the most common costumes you could find out there. the rain continuing to fall this morning around the bay area but it's shifted a bit f
. >> parts of new york rationing gas in the wake of superstorm sandy. >> extreme weather, i believe, is here to stay. climate change is a reality. >>> judge sentenced jared lee loughner to life in prison in the massacre that injured gabby giffords. >> gabby said afterwards for her the biggest emotion was just sadness. >> seven navy s.e.a.l.s have been punished for disclosing classified information to the maker of a video game. >> deer crashed through a plate glass window. >> what did you do to make the deer angry? >> maybe our hours weren't suitable. >> all that -- >> touchdown. jacksonville 16 losing streak. >> here comes the headset. o you see anything in porn that tracks you at all? >> no pat. >> speaking to his campaign staffers and got really emotional. >> "cbs this morning." >> changes are expected in the obama administration. secretary of stit hillary clinton is likely to step down. when he heard about it bill clinton said that's great. just give me a heads up when she's on her way home. captioning funded by cbs >>> welcome to "cbs this morning."
the jersey shore nearly two weeks after sandy, those who used to live in the area got to return home for the first time yesterday. they were taken by bus to their former homes in seaside heights where they had an hour to pack what they could. some of them say they were not prepared for what they saw. >> you have a list and you are prepared to get what you want but you -- you spend like -- 15 minutes just devastated, just trying to look to see what's on the floor. >> reporter: at the main staging center in tom's river new jersey a company has been making restore the shore t- shirts to raise money for schools and shelters. more buses will take people in to the disaster zone each day through tuesday. >>> occupy wall street finds a new cause. helping, the victims of sandy. see how their relief effort is helping people get the supplies they need coming up at 7:17. >> it's hard to imagine we had warm weather just at the beginning of the week. >> short time. >> already another cold morning and rosemary watching the temperatures for us. will it warm up? >> it'll feel a lot like what we
recovering from super storm sandy. this morning, some subways are rolling. all three major airports are open. power problems still kills. the number of deaths blamed on sandy has now passed 70. ines ferre with more on the storm from lower manhattan. >> reporter: i'm standing on fdr drive. it's still flooded. this is just one of the areas that was flooded by the storm but down on the jersey shore, the devastation is even worse. >>> reporter: president obama visited new jersey to see firsthand the damage from super storm sandy. >> good job. >> reporter: the president and governor chris christie flew in marine one to see the devastation from above. what they saw were homes destroyed and streets still under water. president obama promised the government will do whatever it can to help storm victims. >> we will follow up to make sure that you get all the help that you need until you rebuild. >> reporter: not far away, the search for trapped or missing people on staten island continues. nypd rescued six people from rooftops on wednesday. there are signs that life is returning to normal in new york
from yet another storm after stupors super storm sandy. wall street 30 minutes after the opening bell after the yesterday's huge losses, more in a minute. >> it is a beautiful start to the morning but it is really chilly out there. the good news is the winds are starting to die down. crystal clear conditions, no problems with visibility. temperatures are sitting in the '40's and '50's. later on this afternoon we're tracking a cold front will approach the bay area with rain. it will be relatively light in nature but widespread. we will continue to see scattered showers and temperatures will continue to drop. here's a look at your satellite and radar picture is sitting in a clot counterclockwise direction. a lot of their rain is sitting off shore and we do have some wet weather. it will continue to spend and sag its way south. i will walk you through the timing of the wet weather in my next report. >> to start with a quick what bridget check with the bay bridge toll plaza is an easy ride coming from 880. there's a short back up there a little bit longer 80 to 20 minutes of your coming f
is this thursday november 1st the northeast is still reeling after super storm sandy this morning. we'll have more on the damage and efforts to clean that up and just a minute. bay area is waking up to rain and we're tracking if there's a forecast and we will visit with their cut in just a bit. >> we are tracking a hot spot at interstate 580 where the drive time continues to decline. and the 5:00 hour there were 45 minutes twice the usual commute time. we are now pushing over 60 minutes over one hour to they also must pass to the dublin interchange. there is still trying to clear the house in the off ramp. rain and a number of incidents and the westbound direction , with a multicar crash that did not clear very quickly. it has left us with this horrendous westbound back up. they flee that is the only hot spot this morning. >> here is a wider view of the storm system we are tracking. it is making his way to the south. impact a lot of church leaders last night but we are no longer seen plo. it is still raining in the south bay and east bay as well. we've seen some improvement for san carlos in redwo
expected to open, despite having major flooding from sandy. >> new work at jfk will start flying again and limited capacity yesterday. >> we will take a quick break it is for 0 7:00 a.m.. we will take a quick break. it is a wet start this morning iran arrived overnight. we are waking up to aid would commute. at 4:09 a.m. and futures are mixed on wall street. the shredding was shut down because of hurricane fanti. >> the dow gained close allowed the town. the nasdaq lost about 1111 points. >> a great day on wall street for ned flick after word got out that the billionaire investor carl con. icon is known for buying stakes in companies and then pressuring changes in management and the board of directors. net flics has been sagging company raised prices 16% a year ago. >> an estimated 25% of centel's were knocked out by super storm san. subscribers will not need to paint or do anything extra just dial out as you normally would. calls will aren't medically connect through the network with a strong signal the area. >> ups is expected holiday sick to this to some 10%. the company says the pr
and after pictures. >> take a look. this is look. tuckerton... peninsula of hurricane --sandy this is what the a news report looked like at seaside heights but this entire portion of the pier is broken offshore. this is the bridge to the north. this is what it looked like before and this is what it looked like afterwards the storm has forced a lot of debris out. this is from 8 avenue in new york city check out the front of this brown building. this is the before. this is the after. the entire wall of this apartment complex has fallen down. finally, this entrance to the parking garage. this is the before and this is the same after. several cars sticking out of the water. in san francisco, kron 4 news. >> we will be following the latest recovery efforts and a quick check of the weather in the bay area. >> good morning, james. happy friday it is a bit cooler. for the north bay valleys and temperatures are on the cool side. downtown san francisco as we take a look at the visibility. less than 1 mi. with less than 2 mi. you could have issues of the visibility on highway no. 37. not that bad for
another storm. how this will impact the recovery efforts of superstorm sandy. >> plus, coming clean. what the muni vandals caught here on camera is saying about the incident. >> and it is proof that everybody vote counts. coming up, how astronauts are making their voices heard even from outer space. maddy, come on. we got a new book! yay! come get into bed. this is a story about jingle the husky pup. and jingle was a good dog. ruff! ruff! jingle loved to bark hello. ruff! ruff! ruff! ruff! jingle even loved to sing. ruff! ruff! ruff! ruff! ruff! jingle! let's read the book to him. jingle, stay. and jingle did. ruff! ruff! [ female announcer ] hallmark interactive story buddies. counts- including absentee ballots from out of space. mission control in houston emailed a digital version oe p to astronauts >>> with the election too close to call every vote counts including absentee ballots from outer space. mission control in houston emailed a digital version of the ballot to astronauts in the international space station. when complete it comes back down to earth on the same path. the system w
the bay bridge. the time. new yorkers are still filling the burden of superstars sandy. especially. when it comes to gasoline shortages. the mayor says police officers will be in force in the rationing. he also says they will be checking to make sure drivers have not switched license plates. saying " do not try to be cute. there are doing even licenses on one day in odd on the others. >> meanwhile the director of the emergency management is out of a job. stephen kerr yew's government workers to clear his driveway during hurricane center. they said that kerr had to remove a tree at his long island home. it was working in albany during the storm. >> seven members of the secretive navy seal team including one involving the actual mission to kill all sought to align punished for disclosing classified information. the seven are being reprimanded and will have their pay docked for two months. for allegedly providing information to a bay area of video game maker. this allegedly happened while they were consulting on a new game. the navy issued a statement saying " we cannot tolerate deviations
without power. >> new york gov. says hurricane sandy and katrina had a lot in common and none of it was good. superstar on sandy was worse in some ways compared to hurricane katrina. sandy did $42 billion worth of damage to new york. it costs more costly damage than katrina. >> in world news investigators had exhumed the palestinian leader to find out if he does poison by polonium. he died a decade ago after a sudden and severe illness. doctors from france, switzerland, and russia are going to take their own samples for independent analysis. authorities said high levels of the substance was found on araphats personal belongings. >> the fire that killed more than 100 textile workers by sabotage according to the bangladesh government. the worst ever industrial fire broke out on saturday and consumed in multistory factor. the interior minister said in a claccording to the investigation the fire was arson. >> coming up on the kron for a morning news we are following a developing story out of san francisco with the axis to and from treasure island on interstate 80 are closed due to
that had a crane collapse in new york during hurricane sandy. >>> more violent protests today in egypt aimed at president mohamed morsi. his opponents demand he drop at a decree that he had put out last week that suspends any legal decisions he makes until a new constitution is written. police are fire tear gas at protestors. >>> susan rice will hold meetings with key lawmakers. some republicans have criticized theambassador to the u.n. for comments she made about the attack on benghazi. she said the attack stemmed from a protest against a video. >> i will be glad to meet with her and listen to the to her positions and justification for her comments. but i'm unhappy with her performance. >> rice is a potential nominee to replace outgoing secretary of state hillary clinton. >>> more republicans say the looming "fiscal cliff" is forcing them to reconsider their no tax increase pledges. several members of congress now say they are open to raising revenue by limiting deductions for the wealthy. but not by raising their taxes. >> without compromising our principals, we recognize that none o
have no electricity this morning. super storm sandy was responsible for many deaths and area. >> saw what airlines parted with see well to help los 60 animals orphaned after super storm sandy to california. often pets have filled shelters and are being moved to make room. for thousands of that was displaced after super storm standinsandy. 60 cas and dogs on the east coast were flown across this country on a special charter flight. see world rescue experts tap from the animals on the trip. >> traffic is light. san jose 53 degrees. 65 this afternoon. if you're taking the week off for thanksgiving relax. if you the week off for thanksgiving relax. if you are headed to [ man ] it's big. supports in times of need. same with aladdin. the biggest in bail. no one has lower prices, is faster or more professional. aladdin bail bonds. bigger because we're better. [ man ] it's big. supports in times of need. same with aladdin. the biggest in bail. no one has lower prices, is faster or more professional. aladdin bail bonds. bigger because we're better. we are back. 4:44. >> ski resorts are openi
. obama shoots up. in 2012 are taking sandy comes in and what happens. romney has to basically spent his campaign. obama comes in at presidential does thinks chris christie and he becomes best-loved going on all the networks. when you look at the polling 42 percent of the people voted said that sandy had an impact on their vote. that is 15 percent said it was the major part of why they voted. when you look at that with only 5% of the people voted on form policy may be 10 percent voted on health care. but 15 percent said it was sandy. there is a real october surprise in this election and it benefited the great benefit of president obama. >> before we go on to some of the state proposition is one more quick question on the national front. for the republican party you mentioned latino votes be important one for. are we about to seek an internal struggle in the republican party as to what our party is going forward. some people say we have to be more close to capture if that vote of the minority vote. others say no we were not conservative enough is the problem. >> the tea party rights movem
from superstorm sandy. the new plan for an iconic roller coaster. >> and a mass of mangled metal. what's behind a deadly pile-up in texas involving more than 100 cars. ,,,,,,,,,, okay, now here's our holiday gift list. aww, not the mall. well, i'll do the shopping... if you do the shipping. shipping's a hassle. i'll go to the mall. hey. hi. you know, holiday shipping's easy with priority mail flat rate boxes from the postal service. if it fits, it ships anywhere in the country for a low flat rate. yea, i know. oh, you're good. good luck! priority mail flat rate boxes. online pricing starts at $5.15. i know. apparently, they based an entire movie off of it. try the all-new hobbit inspired menu, only at denny's. and see "the hobbit: an unexpected journey." are higher this morning, 45 minutes ahead of the opening 's going to be >>> looks like it's going to be a week of gains on wall street. stock futures are higher this morning 45 minutes ahead of the opening bell. it's a short session today ending three hours earlier than usual. the day after thanksgiving often has the lightest trading o
this crane also owns the one that collapsed in new york during hurricane sandy. >>> to the crisis in egypt. clashes have broken out in cairo hours before planned massive rally by opponents of the country's president. thousands are taking to the streets, throwing rocks, clashing with police near the u.s. embassy in tahrir square. angry protesters want president morsi to rescind decreases granting himself near absolute powers. morsi has tried to soften his position saying he is only increasing his powers temporarily. >>> palestinian officials say yasser arafat's remains have been reburied hours after being exhumed. it began early today under the cover of huge blue sheets. officials say samples were given to experts from switzerland, france and rush the former palestinian leader died of a stroke in 2004. the underlying cause remains a mystery. >>> visit to capitol hill by ambassador rice changing the mines of republicans who oppose her -- the minds of republicans who oppose her expected nomination to secretary of state. some say they are more troubled now than they were over her initial expla
that owns this crane also owns the one that collapsed in new york during hurricane sandy. >>> to the crisis in egypt. clashes have broken out in cairo hours before planned massive rally by opponents of the country's president. thousands are taking to the streets, throwing rocks, clashing with police near the u.s. embassy in tahrir square. angry protesters want president morsi to rescind decreases granting himself near absolute powers. morsi has tried to soften his position saying he is only increasing his powers temporarily. >>> palestinian officials say yasser arafat's remains have been reburied hours after being exhumed. it began early today under the cover of huge blue sheets. officials say samples were given to experts from switzerland, france and rush the former palestinian leader died of a stroke in 2004. the underlying cause remains a mystery. >>> visit to capitol hill by ambassador rice changing the mines of republicans who oppose her -- the minds of republicans who oppose her expected nomination to secretary of state. some say they are more troubled now than they were over her init
victims of superstorm sandy, some may be turned away at gas pumps. what are you doing there? i making crescent bacon cheddar pinwheels. wow, i'm impressed! [ ding ] dad, the cable's out! you got that right? [ kiss ] thank you ♪ [ male announcer ] pillsbury crescents. let the making begin. here's a better idea. pillsbury grands! flaky layers biscuits in just 15 minutes the light delicate layers add a layer of warmth to your next dinner. pillsbury grands biscuits let the making begin. >>> scattered showers thunderstorms around monterey last hour snow showers in the high country where it is going to snow during the afternoon, 30 tahoe, 39 yosemite rest of us 50s and 60s scattered showers throughout the valley. winter weather advisory. >>> 5:50. preliminary hearing continues this morning for a u.s. soldier accused of killing 16 afghan civilians with villagers and u.s. soldiers expected to testify by individual were from afghanistan. 39-year-old staff sergeant robert bales has been charged with murder in one of the worst atrocities in the iraq and afghanistan wars nine of the victims wer
that collapsed in new york during hurricane sand sandy. remember that image? same company. >>> okay. a little news about traveling. you know the irritating moment when the film you are watching on the airplane at critical point and flight attendant tells to you turn off the set because you are come in to land. no more. starting on saturday passengers on british airway can watch the movie without the cabin crew ordering cut. nor do they have to wait half hour before using the in-flight entertainment system. they can fire it up as soon as they get on the plane. it doesn't interfere with the running of the aircraft and if necessary the pilot can still interrupt for safety announcements. this only applies to movies on the seat back not to your i-pad or other tablet. you still have to turn those off when they tell you to do so. >> that and the peanut and all good. >> let's get last check on the weather. storms moving in really start to materialize in the morning sandhya tracking them for us. >>reporter: yes. morning commute especially during the 5 to 10 amp hours does not look good. that
. despite some of them being in the dark for weeks this after super storm sandy. the customers are questioning why their electricity bills post sandy reflect a full month's use of electricity and did not account for the days or weeks when the customers did not have power. the company has been under a lot of scrutiny as it is taken them and extend along top time to get power back to the residence. >> a live look outside at the san the sale bridge. there is some sunshine as we watch westbound traffic 92 and the commute direction. it looks like it is moving pretty well. we will be right back. [ male announcer ] are you ready for tomorrow's technology today? then switch to at&t u-verse tv. add the wireless receiver exclusively from at&t, and you're no longer tied to the tv outlet. move your tv wherever you want in your home...even outside. [ megan ] call now and switch to u-verse for just $29 a month for six months, with a total home dvr included, free for life. add hbo and cinemax and get the first three months free. plus you can bundle tv and u-verse high speed internet with spee
. mostly because people were hit by super storm sandy. the government also says the consumer and come stayed flat for the month of october and did not rise. we're watching the dow up 10 points right now. we will have a complete update on trafficked in bay area weather we come back. the heaviest cells are in sound san mateo and livermore. they range is moving through concord but we have some are headed towards fairfield and san jose shortly. even here the what you're seeing right now. snow was on the way for the sierra. and light at three is 6 in. of snow on wednesday and there are expecting a lot more, over the course of the weekend with this system coming through. no. start reporting 7 in. of fresh snow on their trails. 7 ft. is the forecast for the next several days for the higher elevations. not bad for the sierra. of course we have to drive and a here on the bay with all of the rain that is coming in right now. it is causing problems for us this morning. erica storm tracker 4, walk us through it >> been morning james it looks like the rain is picking up. at last check it was raini
to sandy are now getting work. the governor has set aside $27 million to hire 5,000 new yorkers who help clean and rebuild their neighborhoods. it's estimated that 200,000 new yorkers are unemployed because of sandy. all adults impacted by sandy can apply but the initiative is geared towards people ages 18 to 24. >> it's that age bracket that has the highest unemployment. so we're doing a two--part here where the unim-- two-part thing here where the unemployment for that age group can run as high as 27%. >>> coming up -- what's moving the markets this morning and were retailers seeing a lot of green on black friday? >> and controversial confetingty -- >>> and controversy confety. why investigators will look into it during the -- confetti. why investigators will look into it. what a night, huh? but, um, can the test drive be over now? head back to the dealership? [ male announcer ] it's practically yours. but we still need your signature. volkswagen sign then drive is back. and it's never been easier to get a passat. that's the power of german engineering. get $0 down, $0 due at signing,
in the numbers. still the effects of superstorm sandy. we have seen wild fluctuations of big increases, biggs declines and probably looking -- big declines and probably looking at another week of that because of sandy so not much to get from the numbers at this point. hewlett-packard slaughtered yesterday as revealing the big debacle of its purchase last year for autonomy which it overpaid because of fraudulent bookkeeping. market is off to a slight open. dow up by 34 points. nasdaq up 8. s&p up by 2. hewlett-packard sliding right now by a little better than yesterday. market closed for thanksgiving. >> you get a day off tomorrow. >> yes, deep fried turkey in my horizon. >> happy thanksgiving. jason brooks with kcbs and cbsmoneywatch.com. >>> americans are going to spend a ton of money in the next few weeks. >> they are. but how many people will for the carbon footprint you will leave behind driving to and from the stores? some environmentalists are even calling online shopping ungreen because of carbon footprint that is emitted transporting orders. so what's the best way to give this holiday
the most out of a disaster caused by super storm sandy and how they want to turn it into a moneymaker. >>> good morning. we have mostly clear skies. temperatures will warm up anywhere from 30s 40s to 50s on the lows but 60s for highs. >>> a n roller coaster knock -- a new jersey roller coaster knocked into the atlantic ocean because of super storm sandy may live on as a tourist attraction. the decision has not opinion made to -- he believes tourists will flock to see it. demolition crews have removed the damaged board walk. >>> no power water shortages are expected from a huge power plant. the fire started in the control room of the plant yesterday morning. and mostly expecting the four stories of the plant that are below ground. firefighters made several attempts at putting the fire out but because of dangerous conditions they are letting it burn out instead. >>> 5:55. oakland there is a very ambitious teenager who wants piedmont to become one with oakland. 17-year-old noah goldstein and his friends started the liberate piedmont movement. they have been hounding people in both cities
of superstorm sandy. here now to chat about it, jason brooks with kcbs and cbsmoneywatch.com on a friday. >> good morning. >> reporter: good morning. it's about the "fiscal cliff" on wall street but we have a number of positive signals on the economy. consumer spending did pull back in october according to the commerce department by 2/10 this is the of a percent following an 8/10th of a percent of gain in the previous month. superstorm sandy depressed spending. unless holiday sales soar over the 4th quarter it's going to be tough for the economy to continue the gain of 2.7% that the commerce department reported in the 3rd quarter yesterday. stockton focused on any talks out of d.c. -- stock market focused on any talks out of d.c. on the "fiscal cliff." the dow over 13,000. pretty modest start to the day today. right now the dow is up by 5 points. nasdaq though falling by 3. s&p down by one. social game maker zynga getting hit hard after announcing it and facebook are changing their partnership. zynga down 7.5%, facebook down slightly. back to you. >> thank you, jason brooks with kcbs and
during our sandy relief telethon. thanks to your generosity, we raised almost $135,000 for the american red cross. our parent company cbs 5 matched almost $18,000 in employee donations and you can still contribute just go to our website, cbssf.com/donate. just amazing. >> my guess, roberta gonzales is asleep. she went straight through 13 hours including at the end. >> great job. >> a lot of generous people. we say thanks. >>> it is 4:40 now. navy seals in a lot of trouble with the department of defense. what they did with the videogame that's causing a lot of security concerns. >> plus, something fishy about a uc-davis sorority prank. why police don't think it's too funny. >> and it looks like something out of a movie here. bandits, motorcycles pull off a brazen heist inside a mall that's packed with people. it's coming up. ,,,,,,,,,,,,,, it looks like something outa james bond movie. six men, dressed in black, wearing helmets >>> a brazen heist at a mall in north london looks like something out of a james bond really. six men dressed in black ride into the mall on motorcycles. they the
and there's a shop sharp drop in the number of americans filing. is still elevated to the super storm sandy. a lot of people can i get to work and a lot of businesses still closed across the northeast. the great prime minister warning that greece's future hangs in the balance. 56 billion euros prolongs this feature the certainty of greece. they are facing a messy the fall that could threaten the entire eurocurrency. the tough economy making an impact on thanksgiving. tight family finances mean many americans get their summer vacations this year and rely on relatives for air fare. airlines are struggling to save a money on fuel. and that led to a jump and air fare and also higher gas prices for a thanksgiving. aaa says the number of travelers will be just little up from last year. >> consumers are thinking about drbuying a tablet. anyone planning on buying one of those devices should probably hold back to be able to get a tablet. apple leads the list by 25 percent of people polled. 15 percent said >> they will buy amazon kindle fire and only 8 percent named the new ipad mini as their first c
when it hit an 18 month high driven by people who lost work over superstorm sandy. >> here's jane king with the bloomberg business report. >> good morning mediation with bakers' union failed, hostess will be back in court today asking a bankruptcy judge for permission to shutdown more than 18,000 workers could be out of a job unless they reach a last minute deal or investors buy the company's bran. cost -- company's brand. department of agriculture says prices go up next year when impact of this year's drought catches up, powell going up 4%, dairy more. if you are -- wondering what to get the kids for christmas you might think about an ipad, 48% of kids to 12 plan to ask santa for an ipad. at the new york stock exchange, i'm jane king. >>> major step with major ramifications for women young and old. recommendation to make the contraceptive pill available over-the-counter. america's largest group of ob/ gyn's say the progesterone pill should be sold without prescriptions like condemns -- like condoms, fda would have approve it there are worries about the most popular form would become l
storm sandy has guaranteed that that record will not be topped. the world's biggest financial companies reopened quickly but that is not the case for many smaller shops and businesses in the area. also a tourist attractions like the nearby state of larry. -- statue of liberty >> we had almost a million last year and i'm hoping that they will come to see what we have this year. >> down the jersey shore they are worried about the summer. >> the boardwalk we walked on together this summer breeding residence and talk to business owners is gone. >> tourism is a $38 million industry in new jersey. the new jersey tourism board says it is too early to estimate the upcoming season. atlantic city casinos like bally's and about and already taken a hit. casino revenues were down 20% in october. >> my sense is that in the short term if you look at revenue numbers that may come in for october/november you may see something in our production. on the flip side come december through next june and beyond you may see it be much brisker than we thought it would be because of the circumstances that have bee
donated to our sandy relief telethon. mayor lee, jean quan helped us out on the phones. a number of people did. other bay area personalities answered the calls from the raiderettes and the celebrity chefs. our own roberta gonzales is the marathon woman who worked 13 hours and did a terrific job. thanks to your generosity we raised nearly $135,000. it's all going to the red cross for the folks on the east coast. our parent company cbs matched almost $18,000 in employee donations. and you can still contribute if you would like to. just go to cbssf.com. >>> in just a few hours, president obama is set to deliver a speech about preventing the u.s. from falling off the "fiscal cliff." if congressional democrats and republicans don't reach a budget deal by year's end, bush- era tax cuts will expire and deep across-the-board cuts will kick in. well, for now, vice president joe biden and many others in washington are expressing confidence that can be avoided. >> we're not going over the cliff. we're determined not to go over the cliff. i think better heads will prevail. >> the non-partisan congress
cameras are giving us a new look at flooding from hurricane sandy. this video shows water literally pouring into the path commuter rail station in hoboken, new jersey. >> yes, indeed. cameras captured the water flow on october 29th from several angles including the upper and lower elevators. look at that. just a mess. as well as the station platform and track areas. it's going to take weeks if not months to get that all figured out, i would imagine. >> it is. >>> stock futures indicate this could be a fourth straight day of losses on wall street. and here to chat about that ashley morrison of cbsmoneywatch.com joins us on a friday. we love friday. >> reporter: yes, we certainly do. good morning, frank and michelle and happy friday to everyone. continued concerns about the "fiscal cliff" in the u.s. slowed down stocks in asia this morning. hong kong's hang seng was up a fraction while tokyo's nikkei bucks the trend with a rally adding more than 2%. wall street a third consecutive decline with weak forecasts and higher unemployment claims. on thursday dow down 28, nasdaq down 9. >>> p
york says sandy may have a greater financial impact than hurricane katrina because it hit a more densely populated area and caused more damage. governor andrew cuomo is asking the federal government for $42 billion in aid. that includes $33 billion in preaches and $9 billion to prepare for the next big storm. last month's storm flooded the subway systems, damaged tens of thousands of homes and knocked out power for many. >>> later today, we'll learn that the man who killed officer capoot will stand trial. if found guilty, he could face life in prison or the death penalty. >>> police say a 17-year-old and another teenager fired several shots as a family was leaving a baby shower. the 3-month-old baby was killed. the shooter thought the parents were someone else. a jury will likely be selected by the end of the year with opening statements starting in early january. >>> a reward is being offered in san francisco to help an ailing man find his stolen dog. 56-year-old robert ronkle also has cancer. well, his dog, lola, is trained to recognize distress and comfort him. somebody stole
was less than expected in october. a little that can be blamed by super storm sandy duncan brought to you by weekends. inventory just 4.8 months so it is a very slim inventories. it is a home builders' market at this point in time. the average, the united states averages 210 to $220,000. this is a good number, not a great number but a good six month number. >> for housing let's go to discount buying. we have the ceo of a group voon he could be on his way out. >> he is much maligned. small businesses are shying from a completely at this point in time. andrew mason could have sold the company to google for 6 billion it is now worth 2 billion. the board of directors are meeting today and tomorrow and basically will decide his future. i think he has run out of time and i think he is too young to run a multibillion-dollar company. >> you don't like his style >> yet he has bier in the company refrigerator. when you're at home drink as much as you want and when the public is the owner of the company, i don't like it. it is a bad signal. we will drink beer and have fun >> with your money >> right
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